The Import Export Code (IEC) is a unique 10-digit identification number issued by the Directorate General of Foreign Trade (DGFT) in India, essential for businesses involved in the import and export of goods and services. IEC registration is mandatory for companies or individuals who wish to engage in international trade. It is a one-time registration and valid for a lifetime, simplifying access to global markets. An IEC is also required for receiving benefits under government export promotion schemes. The code ensures seamless customs clearance, overseas transactions, and access to a range of import-export services, helping businesses expand globally.
• Customs authorities need it to clear shipments during imports.
• The bank needs it to transfer the money when imports are made.
• Similarly during export the shipments the IEC is required.
• When exporter is supposed to receive money in foreign currency, IEC code is required to transfer the money to his account directly.
| IEC Registration Fees | |
| Aayaat Niryaat Form Submit | Zero |
| Filing at DGFT | Zero |
| Professional Fees | Rs. 1999 |
| Govt. Fees (Exclude) | Rs. 500 |
| Rs. 1999 Only | |
The IEC code registration is applicable for all business registrations:
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